18 February 2019
Hi Folks, Good afternoon! INVOICE DATED 15.4.18 EQUIPMENTS DELIVERED 31.5.18 INVOICE RECEIVED 15.9.18 So my question is depreciation should be charged from 31.5.18?AM I Right..... or If m wrong please Correct me where m getting wrong...
18 February 2019
Yes... You are exactly correct...
If You are asking about CA then You can provide depreciation from 31.05.18.(from the date of production).
CAclubindia
